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February 11th, 2009 1:49 PM
Take a quick look at the market indicators for the week.
 
LOOKING AHEAD
Economic
Indicator
Release
Date and Time
Consensus
Estimate
Analysis
Trade Data Wednesday,
Feb. 11,
8:30 am, et
$37 billion deficit Important. Affects the value of the dollar. A falling deficit may strengthen the dollar and lead to lower rates.
Weekly Jobless Claims Thursday,
Feb. 12,
8:30 am, et
585,000 Moderately important. A measure of unemployment. An increase in jobless claims may bring lower rates.
Retail Sales Thursday,
Feb. 12,
8:30 am, et
Down 0.3% Important. A measure of consumer demand. A smaller than expected increase may lead to lower mortgage rates.
Business Inventories Thursday,
Feb. 12,
10:00 am, et
Down 0.6% Low importance. An indication of stored-up capacity. A significantly larger increase may lead to lower rates.
U of Michigan Consumer Sentiment Friday,
Feb. 13,
10:00 am, et
61.5 Important. An indication of consumers' willingness to spend. Weakness may lead to lower mortgage rates.
Source: Email marketing information from Karen Smith, Regional Vice President, US Bank.

 


Posted by Julie Jennings on February 11th, 2009 1:49 PMPost a Comment (0)

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